| Program | Renewable Energy System Incentive Program |
|---|---|
| Category | Financial Incentive |
| Implementing sector | State |
| Last Update | |
| State | Washington |
| Website | http://www.energy.wsu.edu/RenewableEnergySystemIncentiveProgram.aspx |
| Start Date | |
| Technologies | Solar Thermal Electric, Solar Photovoltaics |
| Sectors | Residential |
Note: This program has reached its budget cap
In May 2005, Washington enacted Senate Bill 5101, establishing production incentives for individuals, businesses, and local governments that generate electricity from solar power, wind power or anaerobic digesters. The incentive was amended by Senate Bill 6658 in June 2010. The incentive amount paid to the producer varies by the use case for the system and the fiscal year in which the system is installed.
Ownership of the renewable-energy credits (RECs) associated with generation remains with the customer-generator and does not transfer to the state or utility.
The state's utilities will pay the incentives and earn a tax credit equal to the cost of those payments.
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